v3.25.4
SECURITIES BORROWING AND LENDING (Tables)
 12 Months Ended
Dec. 31, 2025
Offsetting [Abstract]  
Schedule Of Assets Subject To Master Netting Arrangement
The following tables set forth certain balances related to our securities borrowing and lending activities:
December 31,
(in millions)20242025
AssetsSecurities borrowed
Gross amount of cash collateral provided to users for securities borrowing transactions$3,236 $2,408 
Gross amount offset on the consolidated balance sheets— — 
Amounts of assets presented on the consolidated balance sheets3,236 2,408 
Gross amount not offset on the consolidated balance sheets:
Cash collateral provided to users and third parties for securities borrowing transactions3,236 2,408 
Fair value of securities borrowed from users and third parties(3,118)(2,346)
Net amount$118 $62 
LiabilitiesSecurities loaned
Gross amount of cash collateral received from counterparties for securities lending transactions$7,463 $11,626 
Gross amount offset on the consolidated balance sheets
— — 
Amounts of liabilities presented on the consolidated balance sheets
7,463 11,626 
Gross amount not offset on the consolidated balance sheets:
Cash collateral received from counterparties for securities lending transactions7,463 11,626 
Fair value of securities pledged to counterparties(6,887)(10,902)
Net amount$576 $724 
Schedule Of Liabilities Subject To Master Netting Arrangement
The following tables set forth certain balances related to our securities borrowing and lending activities:
December 31,
(in millions)20242025
AssetsSecurities borrowed
Gross amount of cash collateral provided to users for securities borrowing transactions$3,236 $2,408 
Gross amount offset on the consolidated balance sheets— — 
Amounts of assets presented on the consolidated balance sheets3,236 2,408 
Gross amount not offset on the consolidated balance sheets:
Cash collateral provided to users and third parties for securities borrowing transactions3,236 2,408 
Fair value of securities borrowed from users and third parties(3,118)(2,346)
Net amount$118 $62 
LiabilitiesSecurities loaned
Gross amount of cash collateral received from counterparties for securities lending transactions$7,463 $11,626 
Gross amount offset on the consolidated balance sheets
— — 
Amounts of liabilities presented on the consolidated balance sheets
7,463 11,626 
Gross amount not offset on the consolidated balance sheets:
Cash collateral received from counterparties for securities lending transactions7,463 11,626 
Fair value of securities pledged to counterparties(6,887)(10,902)
Net amount$576 $724